00:15:59.400Thanks. So yeah, just lots and lots going all over the place. So be sure to go to
00:16:04.520westernstandardonline.com and you'll see those stories as they break, as we write them. We don't
00:16:10.120just cut and paste like some of the alternative media outlets. We have real reporters, Eva and
00:16:15.940Mel and Dave and Amber and Reid, a whole pile of them all over the country. And they phone, they
00:16:21.580check and they write original stuff. It's well worth subscribing and getting that content. Take
00:16:26.040out a membership, check us out. That's how we can keep doing this. And it's been great. We really
00:16:31.220rely on that support. We're not getting the government support. We just rely on members.
00:16:35.40010 bucks a month, best sort of news you're going to get for that price. It's well worth it. Free
00:16:39.880two-week trial. Give it a crack. If after two weeks you don't think it's worth it, you know,0.69
00:16:44.680you can always back out of it. But 95% of our people who take out the trial, stick with it.
00:16:49.320They realize it's well worth it. Tracy Moss has asked a couple of times, yeah, about how to share
00:16:54.300this on Facebook. If you're watching it on Facebook, I believe it's shareable. There should
00:16:57.680be a share button on there. If not, you know, you go to the Western Standard page on Facebook
00:17:01.960and you should see the video playing there and you can share it. Or even you can copy the link
00:17:06.420if you're watching it on YouTube or Rumble. We're broadcasting live to all of those right now.
00:17:11.480And you can paste that into your Facebook page as well. And there's, yeah, the more people we can
00:17:16.820reach, the better, you know. And if you want to get to me, I see Nico's put that up there at
00:17:20.680Corey B. Morgan for that's where I get rolling on Twitter. If you want to see some interaction
00:17:25.020and ranting out of me, that's one of my favorite areas for it. So by all means, follow me there
00:17:28.820and you can send me your love or hate or whatever you've got on things. I enjoy all of it. So I'm
00:17:36.100going to be up to our guest Franco pretty soon here. And yeah, so I like giving an update on
00:17:40.520that. You know, I don't have the link handy right now, but the fundraising, it's been interesting
00:17:44.660too, with the battles against the convoy and they thought they'd scored this fantastic victory and
00:17:50.280they shut down the GoFundMe page and there, this is going to stop them. This is going to hold them
00:17:54.500up. Well, it just sprouted up into a new one that raised, I believe at this point, over $5 million
00:17:59.280in three days once the exchange is taken into account. So whatever happens to this convoy and
00:18:04.440the police are getting pretty worked up and they're pushing, but it's not going to be for
00:18:08.500lack of money that this convoy comes to an end. And it's quite obviously broadly supported by a
00:18:14.560lot of people. They don't want to let this go. Again, this is absolutely no discourse, no effort
00:18:20.680whatsoever on the part of the government to talk to the protesters. This is dangerous,
00:18:24.800it's terrible, and it's going to lead to a bad end. So we had the Ottawa police getting up there,
00:18:30.000getting stirred up, going off about how he's going to get the RCMP and how they're going to
00:18:36.180force these people off the hill, which could lead to some very unfortunate situations. I sure hope
00:18:41.160it doesn't. But it's just absurd that they haven't even tried to negotiate before they hit this step.
00:18:46.460This is dead wrong. And when we have the mayor of Ottawa going on about, oh my God, they got bouncy castles. Oh, the horror. I can't imagine if we let unchecked bouncy castles sprout up across the country. Oh, where have we gone? What has happened to our democracy if we're allowing unchecked flow of bouncy castles and jacuzzis and protests?
00:19:11.540No, we got a real bad situation. Our government isn't recognizing the right to protest and it could become dangerous. I really hope it doesn't. I mean, if they cut the fuel off like they're talking about and cut the supplies off, all you're going to have is a bunch of cold stalled trucks that still block everything. There's not any tow trucks who want to move them. If you know about caging brakes, there's things the truckers can do that'll make those trucks a hell of a lot harder to move as well. You're going to be plugged up for weeks anyways. The only way you're going to move those trucks easily is getting the driver to turn it on and drive out. And that takes negotiation.
00:19:41.540not law enforcement. So I hope some reasonable minds prevail. We're not seeing any signs of it.
00:19:46.760And Trudeau, of course, being the coward he is, is still in hiding. What kind of leadership is0.98
00:19:51.020this? Get out there and talk to them. You don't have to stand in person face to face with them.
00:19:55.500You don't have to go squat in the teepee with them like you did with the fake hunger strike0.97
00:19:59.540by Teresa Spence or some of the other virtue signaling crap. You don't have to kneel among0.87
00:20:03.280them. But you can at least acknowledge we have a large number of Canadians upset with something
00:20:08.240and they need to be heard and you've got to take them seriously and you've got to respect them.
00:20:12.120But hiding and trying to throw law enforcement at them is not working. It's only going to make
00:20:16.840it worse, Trudeau. You're a pathetic leader and you're going to cause very big problems. History1.00
00:20:20.960is not going to smile on your time in here. Okay, enough out of me. I'm going to bring Franco
00:20:24.380Terrizano in. He's a little less ranty right now. A little less anyways. And we are going to talk
00:20:30.320about, well, the federal budget, speaking of Trudeau and spending. So let's get Franco up
00:20:35.240there. Hey, how are you doing, Franco? Hey, Corey. Always a pleasure to be on the show with you.
00:20:39.580Yeah, thanks. You're a good regular guest. But like I said, I just like having people on who
00:20:43.360are looking to keep more money and control in my pocket rather than so many others with
00:20:47.600organizations that are always asking for more. So it's refreshing to have you guys from the
00:20:51.320Taxpayers Federation on regularly. Well, hey, it's our pleasure to come on. And, you know,
00:20:55.720I was just speaking to the finance committee. They invited the CTF to present our budget
00:21:00.460recommendations. And that was one of the points that I made. I said, hey, look, we understand
00:21:04.600that you're going to be hearing from hundreds of individuals and groups asking for more money. Well,
00:21:09.760here at the Canadian Taxpayers Federation, we're coming representing taxpayers, Coast O's,
00:21:14.120asking for less money being spent in the next budget. Yeah, that's a strange, you must have
00:21:19.100put them in for a shock. I mean, I guess credit where due, I'm glad they had you in to make a
00:21:23.720presentation and speak to them. So maybe in a nutshell, you know, what budget presentations
00:21:28.360have you guys, I mean, I know you sent me the document and it's pretty inclusive, but I mean,
00:21:33.260you know, for the viewers, where are your main targets in this?
00:21:38.300So we have this 70 page report essentially on, on where the government can find all these
00:21:43.560savings, but the, the high level, the key takeaway is that we have outlined a path to
00:21:48.980actually balance the federal budget in 2023.
00:21:52.560So in a few years, and what that would take is quite frankly, very modest spending restraint.
00:21:59.140So we're saying we show that the federal government could balance its budget by bringing its spending back down to pre-pandemic levels, which, by the way, Corey, were all-time highs.
00:22:10.680In 2018, before the pandemic, before a cross-Canada recession, the federal government was spending more in 2018 than it did during any single year during World War II.
00:22:35.440And all this government has to do to balance the budget is to bring its spending back to pre-pandemic levels.
00:22:42.740Yeah, and I mean, the pandemic, I don't know, the government seems in love with it.
00:22:45.920They don't want to back off on any moves or anything they've done with it.
00:22:49.080But as you brought up, and we've been fortunate, I guess, in a sense,
00:22:52.400But it's almost enabled this taking on of debt and deficit with these low interest rates right now.
00:22:58.780But I mean, the big push to get our budgets back in balance in the 90s was due to the fact that we could see those numbers showing that we were spending almost as much on interest payments as we were in every other expenditure combined.
00:23:20.400So there's a few things that I want to touch there.
00:23:22.400Let's start with the interest charges next year, $26 billion, $26 billion lost just in interest
00:23:28.680charges federally. Of course, that's billions of dollars, Corey, that can't hire more nurses that
00:23:33.380can't build more hospitals that can't stay in our own pockets, uh, to, to help put food on the table,
00:23:38.280to make sure the kids get to hockey practice because that $26 billion is, is, is going to
00:23:42.960Bay street. Right. Um, but what's I think so scary right now is something that you were touching on.
00:23:49.060what happens if interest rates tick up? What happens if Canada stumbles into another downturn?
00:23:55.400Now, I just talked about the CTF's proposal, which is balance the budget in 2023. Well,
00:24:00.720according to the parliamentary budget officer under the federal government's current trajectory,
00:24:05.520we wouldn't see a balanced budget until 2070. Corey, and if that happens, we would lose out
00:24:11.220on $3.8 trillion, $3.8 trillion just in debt interest charges, right? So that is, as you say,
00:24:18.460money down the drain. But Corey, the last thing I wanted to touch on that you brought up is this
00:24:24.200pandemic. And what we have seen is we've seen Prime Minister Justin Trudeau use the cloud of
00:24:30.440COVID-19 to go on a debt-fueled spending binge. And here's what I mean by that. In his last budget,
00:24:36.180his plan was to increase permanent, permanent federal government spending by more than $100
00:24:41.520billion by 2026. And that's on top of spending, which was already all-time highs before the
00:24:49.000pandemic. Yeah, it's insane. When is the timeline actually for the federal budget in Ottawa this
00:24:55.400year, roughly? We're expecting it to come sometime March or April. Okay. So, I mean,
00:25:00.820now is the time to start talking about it and pushing how we can. I mean, I would hope if we
00:25:06.260start, again, everything kind of ties together. I think maybe we're hitting a tipping point if we
00:25:09.920can start backing off on the pandemic regulations and such. That means we don't have to keep
00:25:15.880subsidizing and transferring money to businesses and individuals. That's where you can find that
00:25:20.200room to get back to pre-pandemic spending. And that clock's ticking. Hopefully we can get to
00:25:25.520that point in the next month or two, though. I imagine they're already starting to fill out
00:25:29.280their bloated ledgers, though. Well, Corey, one of the things that we've seen, which has really
00:25:34.120been the big issue here with this explosion of federal government debt, is that we haven't seen
00:25:39.120the federal government prioritize, right? It's not like what happens with families or businesses
00:25:44.280when they have to deal with something urgent. In the real world, what does a family or business do?
00:25:48.660Well, if they have to spend a little bit more money here, then they have to find some savings
00:25:52.120elsewhere in their budget. But we haven't seen that from the federal government. Essentially,
00:25:55.600what we've seen from Ottawa is that we'll just spend more money on everything forever. But of
00:26:00.660course, that is not financial reality. That is not how you're supposed to budget. So I think that's
00:26:06.800really the concern even setting aside the the mass amount of money that's been spent on the
00:26:10.920pandemic i mean cory the feds have already thrown out about 511 billion dollars just in terms of
00:26:17.180lockdown subsidies but even setting that aside we were able to identify about 30 billion dollars
00:26:23.520in annual savings uh and then also about 23 billion dollars in one-time savings
00:26:29.040Yeah. And I mean, where's the atmosphere, I guess, is the hard part. We have other concerns too. We've got a carbon tax approaching us in April. I mean, are you seeing much indications that the government's counting on more revenue coming in through taxation? That's that ideological battle that always goes on. You know, you would rather see spending restraint. A lot of government would rather just say, well, we can just keep taking more and then we can come closer to a balanced budget that way.
00:26:57.080Aside from the carbon tax, any other signs of tax increases coming down the pipe?
00:27:01.600Yeah, carbon tax, as you mentioned, going up for the third time during the pandemic in April to 11 cents per litre.
00:27:07.140But of course, Trudeau doesn't want to stop there, right?
00:27:09.520He eventually wants his carbon tax to soak drivers for nearly 40 cents per litre of gas by 2030.
00:27:16.560Now, in addition to that carbon tax core, we're also hearing about a second carbon tax that Trudeau is burying in fuel regulations
00:27:24.200that will also come in, I believe, December 2022, that could add about 11 cents per liter to the
00:27:29.700gas, to the price of gas. Now, on top of these carbon taxes, which are so damaging to so many
00:27:35.440Canadian drivers, and obviously we need it, it hurts us when we try to heat our homes. But in
00:27:41.260addition to that, we've also seen booze taxes going up, Corey. So let's say you had a tough
00:27:46.320week at the office, maybe your kids are driving you nuts, and you just want to have a bottle of
00:27:50.280Pinot Noir with your spouse. Well, even the government is shoving their hands deeper into
00:27:56.180your pockets there. But also, Corey, payroll taxes are going up in 2022. If you're making about $65,000
00:28:03.140this year, you're going to pay nearly $400 extra just in payroll taxes in 2022.
00:28:10.860Yeah. And then those taxes often have something of a matching scheme. So that's going to come
00:28:15.180out of the businesses that pay those as well, I imagine. So again, we just keep beating down and
00:28:19.880beating down on, on enterprise. I mean, these are the people that are driving our country right now
00:28:23.740or should be. And, uh, you know, they just don't seem to understand if, if you increase a great
00:28:29.520amount of the expenses for a business, they're going to lay people off or they're going to raise
00:28:32.540prices or both. Let's talk about those raising prices because it fits into what you were talking
00:28:37.300about before. Like where is the political environment here? Well, one of the key issues
00:28:41.500facing Canadian families right now is inflation, right? You go to the fuel pump, you fuel up,
00:28:47.620Then you got to check your bank account to make sure you can afford that family value pack of ground beef at the grocery store.
00:28:53.700I mean, people are getting absolutely soaked here.
00:28:56.280And there's two ways that our federal government is making these tough times tougher.
00:29:04.320We've seen politicians in other countries, South Korea, Spain, France, many American states are reducing taxes while Ottawa is increasing taxes.
00:29:13.960That's not a winning formula for us Canadians.
00:29:16.340but also we have to talk about the printing press the bank of canada has created 370 billion dollars
00:29:24.440plus franco your your sound is kind of breaking a little as your mic get a little loose on the
00:29:29.000plug in there perhaps or let me check okay how does this sound are we good good yeah just a
00:29:34.500little that crackling sounds like a loose uh i do it all the time oh no okay so that last sentence
00:29:39.260again. I think you had me ranting on the Bank of Canada, didn't you? Yeah. So $370 billion
00:29:46.380printed out of thin air. So here is really the inflation problem is that you have this government
00:29:52.000who is printing dollars out of thin air, but obviously a government can't just go around
00:29:56.680printing homes and printing farmland out of thin air, right? So you have the classic problem where
00:30:02.020you've got too many dollars chasing too few goods. And here's how our politicians are really
00:30:07.140driving up the cost of living in Canada. Yeah, well, and another area, we talked about that the
00:30:13.940last time I had you on, but it still just keeps coming up. And I wouldn't be shocked to see them
00:30:18.060start sliding towards it. Of course, it's the home equity tax. They keep floating. I talked to
00:30:22.260Chris about that the other week, but I mean, it still keeps looming in the background.
00:30:28.060And there's some of the bizarre economic thinking of some people who advise government, though,
00:30:32.280when they say, if we can raise taxes on houses, we'll somehow bring down the price of them.
00:30:36.100what the heck is that? What is this going to be the first tax hike in history that actually
00:30:40.580lowers prices? Like, come on, right? I mean, what does a carbon tax do? It increases the price of
00:30:46.180fuel. What does a sales tax do? It means every time you go to the till, you got to pay a little
00:30:50.920bit extra. So that's exactly what this home tax would do as well. And Corey, even the report
00:30:56.520authors who are recommending this new type of home tax, even they acknowledge 50 pages into their
00:31:02.700own report that a home tax would, surprise, surprise, be taxed, tacked on to the listing
00:31:07.840price. But Corey, a home equity tax is something that we're very worried about. You have these
00:31:13.720politicians in Ottawa that are essentially tripping over themselves, trying to figure
00:31:17.480out how they're going to pay their massive debts. And let's, here's how a home equity tax would
00:31:21.920impact someone. Let's say your parents or grandparents bought their home in Toronto
00:31:25.720for about $250,000 in 1980. Well, if they wanted to sell their home today, let's say 1.2 million,
00:31:32.700their home equity tax bill would cost them between $51,000 all the way up to $190,000.
00:31:41.220So a home equity tax would be taking tens of thousands of dollars from our parents and from
00:31:47.800our grandparents who need that money to help fund the retirement years. And that's just outright
00:31:53.120robbery. It really is, you know, and some of the tone I brought that up too, because I read that
00:31:58.280report, the politics, I mean, there's a lot of politics packed into it. Well, that is such as
00:32:02.160life, you know, but the politics of envy, they were calling it a windfall. They were calling
00:32:05.800a lottery win. They talked about people building equity while they laid around on the couch and
00:32:10.920watched TV. That's the tone of a report for a government report. I mean, that doesn't sound
00:32:17.220like somebody with an economics basis. It sounds more like an envy basis. And that's not what I
00:32:21.220want to form policy based on. Well, isn't that the truth? Hey, and I think what's just boils my
00:32:26.920blood uh it probably makes you so upset but you know i think about i think about someone who's
00:32:32.560like my mom right she she raised me uh she raised my younger brother and sister uh i mean at many
00:32:39.280times she was a single mom raising my younger brother and sister now she finally has her own
00:32:44.400home in southern alberta and it just absolutely drives me up the wall to think that you have
00:32:49.540these bureaucrats funding research that would go after hard-working canadians uh like my mom like
00:32:56.420like many Canadians, like their parents, like their grandparents, it absolutely just boils my
00:33:01.320blood. And it's so frustrating to know that the federal government is using $250,000 of our own
00:33:08.580tax dollars to dream up new ways to hammer Canadian homeowners. And Corey, before I rant
00:33:14.420too long on this, we have to remember both the liberals and the conservatives, they both just
00:33:19.860spent the last election saying they wouldn't come after our homes. But I don't think we should
00:33:23.600believe their talk, right? I don't trust them as far as I could throw them and I don't think I
00:33:27.860could throw them that far. So what we really need to see is we really need to see concrete action
00:33:33.320and the concrete action from these politicians would be to remove the requirement to report the
00:33:39.040sale of our homes with the tax bureaucrats. If the CRA isn't going to come after our Canadian
00:33:44.980homeowners, then why do they need to know how much Canadians sold their home for?
00:33:50.300Speaking of red flags, I think it was 2017 when they started asking for that, or it's been a few years, but I mean, you have no reason to know that information.
00:33:57.500It doesn't matter, but you can be fined if you don't provide it to them.
00:34:00.320And that's, of course, usually the government always comes with the heavy hand of the law behind them.
00:34:04.480Yeah, I mean, this is the slippery slope that we've been hearing about.
00:34:08.460I know you had my colleague Renault on to talk about the VAX tax.
00:34:12.000I mean, you know, thankfully, taxpayers got a win.
00:34:14.780And we don't hear about too many taxpayer wins these days, at least during the last two years.
00:34:19.480But we did get a win in Quebec where Legault acknowledged that he made the wrong decision.
00:34:26.220And thankfully, he's stepping away from that vaccine tax.
00:34:29.160But, Corey, it really just follows a clear trend where it seems like every so-called solution that politicians and bureaucrats have is to just hammer Canadians with higher taxes, right?
00:34:41.680They want us to drive less trucks, so they hammer us with a carbon tax.
00:34:59.200They fund research to come after homeowners with a new tax.
00:35:02.660It really is so unfortunate that it seems like the only solution these politicians and
00:35:07.360bureaucrats can dream up are, well, just hammer their neighbors with a higher bill.
00:35:11.680Yeah, they really need a bigger toolbox to deal with challenges out there. And again, it was good pointing out, though, they see they will and they can back down at times. And we saw it in Quebec. And this can happen federally. I mean, it's up to us. It's up to organizations like you guys. We've got to keep nagging them, though. I mean, if they can get away with it, they will. So where can we find information about what you're up to and read that whole report if people want to and such?
00:35:33.940Well, please, hey, follow us on Facebook, Twitter, Facebook, Taxpayer.com.
00:36:03.380So yes, that was Franco Teresano of the Canadian Taxpayers Federation. And yeah, they're a great group. I mean, as I said, there's so few, every group has their own cause and things. And typically, though, they're, they're asking for more and more. And the Taxpayers Federation is asking as far as taxes go and government size for less and less, which is what we really need. So that's why I like having them on. They, as he said, he's almost that lone voice at budget deliberations trying to say, please spend less, you know, and we're in such a insane time between the pandemic and now the convoy protests.
00:36:33.380and everything else going on, it's so easy to forget that our government is spending like mad
00:36:38.820and we are going to be in debt for generations over this. We have to keep them in check. Phone
00:36:44.280your MLAs, phone your MPs, all of them, every level of government's doing this. Us, on the other
00:36:48.940hand, as I pointed out before, we are not funded by taxpayers whatsoever. We rely on you guys and
00:36:54.440your memberships and on our sponsors. So I'm going to speak to our next sponsor here, speaking of
00:36:58.640rights, and that's the Canada Shooting Sports Association. These guys have been sponsoring us
00:37:03.580for some time. Their name kind of says it all with them. They're a shooting sports association for
00:37:08.060firearm owners, whether you're a target shooter, a collector, a hunter, any of those things. They
00:37:14.500have all sorts of resources on their website, you know, as an association would for whether it's
00:37:18.120different forums or YouTube videos on safe use of firearms, legal use of firearms. That's what we
00:37:22.880want. Nobody's pushing unsafe use of firearms. Though, again, the opponents to Canadians having
00:37:29.440the ability to use and enjoy firearms try to almost always paint legal firearm owners as
00:37:34.360criminals. So these guys are pushing back on your behalf because we know the Liberals,
00:37:37.840this government is always trying to take them away and they've got more acts and orders in
00:37:43.360council coming. They're constantly illegalizing more firearms, trying to seize more firearms.
00:37:47.100The Canada Shooting Sports Association has multiple court challenges, legal challenges on
00:37:52.320behalf of firearm owners, they're helping push back. It's like I was talking with Franco, or it's
00:37:56.620like I talked about with the truckers. We need to stand up for ourselves, or the government will
00:38:00.400walk all over us. So check these guys out. Canada Shooting Sports Association, their website is
00:38:05.060cssa-cila.org. Take out a membership with them, help them so they can help you, so you can continue
00:38:13.160to legally and safely enjoy firearms as you should be able to, or choose not to. You know,
00:38:19.820there's, you know, I'm so off of the sponsor thing. I mean, that's what I get with these
00:38:22.940politics. Even if you aren't into firearms, can you not at least appreciate the right of somebody
00:38:28.440else to go out and enjoy them? There's so much of that that goes on, you know, whether it's the
00:38:33.100vaccinations too. I've chosen to get vaccinated, but I absolutely stand up for the right of somebody
00:38:38.840to choose not to. Why are we always worried about what the other person does? I can enjoy and
00:38:44.720support different things while enjoying and supporting the right of other people to do
00:38:47.940different things as well. But we're in this black and white world where it's divided and has to be
00:38:52.500all one way or all the other. And what a tense, stressful, nasty atmosphere we're starting to get
00:38:56.980into through that. And it's not just firearms, you know, it's, and it's not just a pandemic.
00:39:02.440It's a general attitude of selfishness. I think, you know, individual rights, guys, individual
00:39:07.460rights, as long as you are allowed as an individual to do what you like, don't worry about what the
00:39:11.440other person does. And the other person is worried about me. Hey, piss off. I'm doing what I do. As
00:39:15.720long as it's not harming you, go away. But we've got this intrusive set of people, this attitude
00:39:21.660that we can't tolerate other people's doing things. I had a tweet that went out, went kind
00:39:26.380of viral, I don't know, 13,000, 14,000 likes or something. I just, I throw my tweets out on the
00:39:30.280way. I threw it out last night, but just putting out, I said to those people who are in favor of
00:39:34.040lockdowns, you seem to forget that, you know, even once all the restrictions have gone, there's
00:39:37.560nothing stopping you from cowering and hiding in your house from there on in. It's just true.
00:39:41.780you don't need the lockdowns. You can hide. You can be paranoid. You can stay there.
00:39:46.420Nothing's stopping you. So leave us alone. Let us go and get out there and live our lives. We need
00:39:54.700to be able to. And you know, in light of that sponsorship, I should point out, we have other
00:40:00.320spaces, you know, some plugging for ourselves while we're at it. You know, we're looking for
00:40:05.280new sponsors. If you've got a product or a service you want to promote, an event coming up, you think
00:40:10.000the Western Standard and their audience might be the ones you want to reach out to, hey, send me a
00:40:13.540note. See Morgan at westernstandardonline.com and let's talk. Maybe our show will be a good fit for
00:40:19.520helping promote your product or service. And these are the things that help keep us going along with
00:40:24.020memberships and subscribers and things such as that. So where are we now? Let's see what we've
00:40:30.400got going on. Oh yeah, the Olympics. Everybody have ever in your life, you ever gone and seen
00:40:39.900such an undercover Olympics? Boy, I forget that they're even happening. You know, speaking of
00:40:44.880Twitter, once in a while, I see the odd tweet where I'm going through TV channels at home at
00:40:48.340night and I see Olympic coverage here. Oh yeah, those are happening. What a sad state. Something
00:40:55.100that used to be actually such an exciting and a fun event to watch and, you know, cheer on your
00:41:02.200country and your teams and such. I've mentioned it on here before, you know, in younger days,
00:41:06.420I used to be a ski jumper. I wasn't as Olympic material by any means, but I really enjoyed it.
00:41:10.640I grew up in Banff and, you know, that was the aspiration. That was the goal. That's the apex.
00:41:14.880So for any serious competitor, whether we were racing or ski jumping or any of those freestyle,
00:41:18.860you wanted to make it to the olympics and uh it inspired you you know olympic medalists or even
00:41:25.980participants were heroes to the young athletes back then and i mean there was always corruption
00:41:31.100issues that's been happening since probably since the beginning of the last century but it's just
00:41:36.140gotten so bad it's turned into such a a political quagmire and mess that they're an embarrassment0.77
00:41:42.460and and now yeah in beijing you know you got these these empty audiences due to coveted plus a communist0.97
00:41:48.860government running the darn thing. It's just sad to see the Olympics fall by the wayside like that
00:41:54.780because it is really important, I think, for amateur athletes. You know, I thought it was a
00:41:58.480really good thing that was going on. Maybe we can get back to turning that into a respected
00:42:02.460competitive institution again sometime soon. Well, it won't happen soon, but sometime eventually.
00:42:08.940And yeah, right now it's just a loss. Other news, getting to where change is happening. Pierre
00:42:14.680polyev has entered the cpc race for the leadership the conservative party of canada uh i think that
00:42:20.440was kind of the biggest uh you know not exactly a bombshell everybody sort of expected that to
00:42:26.940happen uh pierre uh was going to run back when sheer ran he he came close and then it sounds
00:42:33.080like i think i mean he gave the usual i've changed my mind and i'm gonna spend more time with family
00:42:37.900but it sounded more like some people talked into saying you know just just keep your powder dry
00:42:42.200and hang on. It's not your turn yet. Can you hang on, hang on and let somebody else get in there?
00:42:45.500Well, there's been two other leaders. He's ready to roll. He's come right out of the gates on the
00:42:48.940weekend. He's running for the leadership. He's definitely the front runner already. And I'm
00:42:53.520watching the mainstream media already attacking him. They are just on him. Of course, they're
00:42:58.560going to paint him as extreme. They're going to paint him as a radical. And it's just old and
00:43:03.600tired. One thing, Paulyev, no matter what you might think of him, because he does irritate some
00:43:07.820people. I like him, but he gets into people's nerves, but he's smart, man. He's quick. And I
00:43:12.040mean, if you watch him at press conferences, you watch him in the parliament, that guy could think
00:43:18.220on his feet and he has a razor wit. And of course, I love that. I just almost hope that Justin Trudeau
00:43:25.740does run in the next election as leader again, because just to see Polyev versus Trudeau in a
00:43:32.220debate, I mean, he would just be shredded. Trudeau would just be cut to pieces. But again, that's just
00:43:38.120the first one out of the gates. I mean, the race for the leadership of the conservative
00:43:42.020Party of Canada is just beginning. That could, somebody else could come out of the woodworks
00:43:47.960and beat them. There's a number of names there. Candice Bergen is now out since she's decided
00:43:52.400she will be the interim leader for the time being. Everybody really liked her, but that shows,
00:43:58.440okay, I'm not going for the big job. I don't know what else we've got out there. There's a lot of
00:44:04.060names that pop up, but I don't know if they stand out quite like Pierre, but it's going to be an
00:44:07.700interesting race. I hope they do it fast though. I know you can't rush these things too much, but
00:44:11.700you've got to get somebody in there. You've got to get them established. You've got to get the
00:44:15.800new leader recognized. They got to get some time in the house before you get to an election. If
00:44:20.000it happens again too fast, we're going to get another term of Justin Trudeau. And none of us
00:44:25.440in this audience, for the most part, want to see that. So we'll watch as that goes.
00:44:31.160As we're leading up to the guest, here's another thing. Yeah. So the Convoyers, you know, I think
00:44:35.460Dave mentioned that too, that they held a press conference yesterday. It was in a hotel room
00:44:38.280and they refused to admit a number of members of the mainstream media and that that ticked them
00:44:44.680off you know so scott reed from ctv he comes out with this tweet uh there nico's right on it and
00:44:51.580if convoy leaders are in some hotel locking out the media can i suggest it might be the perfect
00:44:56.460moment to take some cold saws and torches downtown and turn a few tractor trailers into lego yes this
00:45:02.200is a guy with CTV. That's his response to being shut out of the press conference. Now, Scott,
00:45:11.060read your own damn tweet. Just back off for a second and read your own damn tweet and think1.00
00:45:16.120about this. Why do you think they don't want to let you in? What do you think keeps them from0.99
00:45:23.140letting you guys into their press conference? Why do they feel that they might not get fair coverage
00:45:28.280if they let you in. And when you read that tweet, I think it's kind of clear, isn't it?
00:45:34.160What kind of tweet was that? Inflammatory, if nothing else. I mean, I know it was probably
00:45:38.560your attempt at a lame joke. I know you didn't really expect people to go down there and start
00:45:43.560taking torches and cutting up tractor trailers. But when you are a reporter, what sort of coverage
00:45:51.560would you have given them had they let you into their meeting? I mean, the convoy guys, they should
00:45:57.520you know, there's some colonists out there. There are some people in the mainstream that are still
00:46:01.800responsible. They're good reporters. I think they should try and pick and choose a little more and
00:46:05.660reach out to them. They still have a lot of reach, but the mainstream in general is garbage. And we0.99
00:46:10.260report on that quite regularly. That's part of why the Western Standard is doing as well as it is
00:46:13.460these days, but that's sort of crap out of them. I mean, what are you thinking, dude?0.96
00:46:20.680Of course they aren't going to talk to you. It's just ridiculous, but it's becoming par for the0.96
00:46:26.100course for our mainstream media and people don't trust them, you know, and this is a bad place to
00:46:34.260be right now. Let's see what else we got in the scroll here. Yes, justice centers demanding Ottawa
00:46:40.760turn on their closed caption television coverage down there. That's another one. It's been kind of
00:46:45.820interesting. These cameras that were online remain or they're now offline. I mean, this is things we
00:46:54.820got to worry about too. This is when stuff gets hidden. Why is the government hiding things?
00:46:59.260You know, transparency is supposed to be everything. We've got these protests going on.
00:47:02.720If we've got protesters truly acting responsibly, dangerously, hatefully, shouldn't we want this
00:47:10.860imagery to get out to people so they can see what's happening? Why is their first instinct
00:47:14.260always to block people from seeing what's happening down there then? Why do we have to
00:47:19.240ask to have the CCTV cameras turned on? I saw some rumors on Twitter, and again, you see,
00:47:23.760gotta be careful reporting on rumors on Twitter. Somebody was talking about though apparently with
00:47:27.360that whole apparent apartment torching that there is some CCTV footage of the guy who tweeted that
00:47:34.720and his compatriots actually scouting the building beforehand and such. That again, I won't put any
00:47:40.240credence to it until I see it, but it tells you about why there would be value for that kind of
00:47:45.600footage and having those cameras turned on to see what is going down there,
00:47:49.120whether it's for formal investigations or for just the public at large to see what's going on.
00:47:53.760and we're in modern times, you know, there's cameras everywhere. That's what I wonder with
00:47:58.740all these anecdotes we're constantly seeing from the mainstream media, promoting it and other
00:48:03.200people. You know, somebody saying, oh, I was attacked because I was wearing a mask. CTV was
00:48:08.080wistfully talking to a woman from a woman's shelter in Ottawa saying that the woman had
00:48:12.820been afraid to go outside because they're going to be attacked and that they may fall into drug
00:48:18.320abuse again and may find themselves homeless because the protesters out in the street,
00:48:23.400because they're getting so vicious. Well, show us. How is it that there's thousands and thousands
00:48:28.300of cameras and people down there and we aren't seeing these incidents happening? Why aren't we
00:48:32.020getting footage of it? I mean, it's like Bigfoot. It sure disappeared once everybody had a camera,
00:48:37.020didn't he? Or the Loch Ness Monster or UFOs for that matter. Yet somehow all of these hateful
00:48:43.380incidents are constantly happening around these protests, but we're not getting any footage of it.
00:48:47.960We're just getting anecdotes and then we're getting an eager mainstream media repeating
00:48:52.200and reporting on these anecdotes. This is not good. And now we have to fight
00:48:56.240to turn on the CCTV, you know, the closed circuit TV in Ottawa.
00:49:00.020Why are they hiding that? I mean, if they've got a solid case about how bad and damaging
00:49:04.180these convoyers and protesters are, they should have it on. That'll turn public opinion against the convoy
00:49:08.260right away. Instead, they don't want you to see it. That always disturbs me. When the
00:49:12.140government wants to block something, that's when I actually get quite worried, you know.
00:49:16.940Be in the open. If you guys are in the right, it shouldn't be a problem.
00:50:44.220The Carbon XPRIZE was put together in Calgary out at the Shepard Energy Center in Calgary.
00:50:52.860And we're very fortunate to have that project there, which demonstrates how to capture carbon dioxide, then how to make different products using that carbon dioxide molecule.
00:51:04.200Yeah, I had actually Colin Craig with secondstreet.org.
00:51:07.660They did a neat presentation with all these different things that can be made with captured carbon.
00:51:11.500And he even had a vodka and a bicycle, I believe, and it was a number of things.
00:51:16.880But, I mean, we can have creative ways to bring about the evolution of our energy sector.
00:51:22.300I mean, people get frustrated with it, but if we don't make some changes, we're going to lose out.
00:51:28.220And we've got a great deal of resources still here in Alberta to be produced and exported, hopefully, and sold.
00:51:33.780But we've got to facilitate it with some carbon mitigation efforts or we're not going to be able to get it out there.
00:51:39.320You know, I think you're right, Corey.
00:51:41.180We're all past the debate, what should Ottawa have done or not have done?
00:51:45.260The reality in front of us is the global reality in front of us.
00:51:48.200And I think we have to look at mitigating carbon so we have another 50 years of the use of fossil fuels or whatever that number is to transfer us into the next generation, whatever that next generation is.
00:52:00.720And Calgary has an opportunity because it's innovative and the oil and gas companies are still not so large that they can react.
00:52:09.480they can they can be reactive to technologies the government in alberta is has been very supportive
00:52:15.320of in evolving technologies in this area and and we've uh over a year and a half ago now we've we
00:52:21.160focused our attention from out here in regiona to calgary we're moving our we've moved a good number
00:52:26.200of our people to calgary we're doing all of our new hires in calgary to be able to expand our
00:52:30.840right from calgary our global footprint on carbon mitigation
00:52:34.360yeah so with delta clean tech i mean what makes you guys stand out from other carbon mitigation
00:52:40.400initiatives and companies i'm certain you got a lot you can can share on it because it's kind of
00:52:44.540hard to keep up with and i mean we see the need but there's a whole lot of ideas coming about on
00:52:49.020how to deal with this uh so so what are you guys up to well here's what you know you should never
00:52:52.740brag about being old uh cory but we're just old and i say that we started in 2004 we were the first
00:52:59.82010 years of our existence, we were involved in more than 50% of all the CO2 capture plants in
00:53:04.740the world. We've just been in the business, it feels like forever. And in doing that, we've got
00:53:09.980pedigree. And what's happened now in front of us is so fast, it's so fast that companies need
00:53:16.320robust and proven solutions, not science experiments. We're putting big money in the
00:53:21.960ground. This has to work and be proven. So what really we have going for us is a great pedigree.
00:53:28.220We were selected in Calgary by the group at the Shepard Energy Center to be the CO2 capture technology provider there.
00:53:37.900And we did. We built a CO2 capture plant there.
00:53:42.740And we're the folks that are giving all that CO2 to all those unique people, those unique needs out there in Calgary.
00:53:49.800So we have pedigree, we have history, we're shovel ready, and our solutions are very, very cost effective.
00:53:59.340So for example, I'm guessing the Shepherd plant you're speaking of, that's a natural gas-fired electrical generation plant, and it powers most of the city out here.
00:54:08.740With the captured carbon, as you said, you're re-utilizing it elsewhere.
00:54:12.900We know it can be used in greenhouses, and as I said, some small niche things, creative things like vodkas and such.
00:54:18.680you know it's just fun to see people getting creative with it but where predominantly then
00:54:22.180is this capture going at this time well you're right about this cory these are emerging technologies
00:54:27.900you have to build an awful lot of vodka and an awful lot of concrete and an awful lot of carbon
00:54:32.080nanotubes to use the kind of co2 that we need initially to transition the capture of co2 that
00:54:39.400last photograph of yours puts it right we have to utilize that we have to sequester that co2 down
00:54:44.580downhole in ground and sequestration or we have to use that carbon dioxide for enhanced oil recovery
00:54:51.480whereby the oil is removed from the reservoir and then the co2 could reside possibly in the
00:54:57.760reservoir so those are the two areas that will take the large quantities of co2 that we're going
00:55:04.140to be capturing okay so cheryl don is a commenter and she's got a valid question she's wondering
00:55:09.160about those is there much for government subsidies or tax dollars going into this and you know that
00:55:13.480is a concern we have because sometimes we see government getting into some schemes and ideas
00:55:19.060and notions and the taxpayers sort of burn in the end and you know people are worried about that so
00:55:23.240what sort of financial basis is this sort of technology got behind it yeah thank you there's
00:55:27.960a there's some there is some support of course from government of Alberta and support from
00:55:32.320government of Canada but of course it's these are smaller percentages there's a lot of investment
00:55:36.900required by the companies who are installing this. There could be $0.60, $0.70 required today
00:55:44.380to install this technology and get the capture rolling along. Capital Power made a great
00:55:50.840announcement about a month ago that they were putting in a small CO2 capture facility and
00:55:56.080they're going to be utilizing some of the CO2 molecules to build carbon nanotubes. So a lot
00:56:01.960of the big companies are putting up their first smaller plants. If they like them, then they'll
00:56:07.540move forward and put up larger plants, Corey. Okay. So that was the facility you spoke of is,
00:56:13.840I guess, I guess you could say downstream, it's an electricity generation. What about getting
00:56:17.400back to oil production, whether it's, you know, in the field, oil sands, natural gas sites,
00:56:23.040things such as that, you know, we're still developing our fields and our production there.
00:56:27.700have you got technologies that apply to some of those? We do and I think they're the the it's
00:56:33.520always about the low-hanging fruit let's chase the low-hanging fruit and keep developing technologies
00:56:37.620along the way within the energy production the actual E&P sector my thoughts are that that the
00:56:44.460incineration and mitigation of methane emissions is by far the most significant thing that could
00:56:50.420be done they were I mean 18 percent of all the CO2 emissions from the energy business
00:56:55.54018% of those greenhouse gas emissions, CO2 equivalent, come from methane that has not been properly incinerated or it's been allowed to escape.
00:57:06.660So one of the first things we can do is put a very, very tight opportunity on capturing all this methane that is leaking out of the energy patch and making sure that gets properly incinerated or burned.
00:57:20.400yeah and uh i guess you know we've always been uh better at capturing i mean you don't see flares
00:57:27.440like you saw back in the early 90s when i was in the oil field i mean i remember driving outside
00:57:31.080of grand prairie at night and you just see almost like christmas lights all over the hills from all
00:57:34.920the flare stacks at all of those uh well sites is that i mean a lot of that was sour gas as well
00:57:40.180but was some of that the the methane they were trying to burn off yeah it truly is uh old well
00:57:44.760sites we were doing a we were doing a report the other day for one of our customers and he had a
00:57:49.280significant number of old well sites and the amount of methane leaking up around the casings
00:57:53.920of old well sites anywhere where methane is escaping you know methane as you're well aware
00:57:58.300has a 25 times co2 equivalent when it hits the atmosphere it's co2 e small e times 25 so so
00:58:06.740there's a there's a 25 times equivalent with methane going into the atmosphere so the small
00:58:11.520amount of methane leaking out of old wells that sort of thing these are the things that we can
00:58:15.880manage now that's the low-hanging fruit and the other thing uh uh corey to be really uh most
00:58:21.560effective you not only flare um methane that you you can have more sophisticated flaring units that
00:58:28.520really incinerate it they actually destroy uh all the all the potential greenhouse gas damaging
00:58:35.080emissions that could occur so i think we should chase methane immediately and get a full handle
00:58:40.840on that over back in the oil patch that you were asking about. Okay, so your business, or at least
00:58:46.860any research then, is most definitely focused on capturing of gases, whether it's methane or CO2
00:58:52.020that previously would be released into the atmosphere, which again, I know there's a lot
00:58:57.020of debate and discourse, but the reality is we're getting nailed with carbon taxes. Until we can
00:59:01.160change some governments, that's going to happen. We've got to find ways to mitigate it. It's a term
00:59:06.020I like you using, and I wish people would use it more in general. We can mitigate things. This black
00:59:09.940and white on and off isn't productive, but we can make things better and still manage to keep
00:59:14.920producing and have an industry that's functional, hopefully. You know, Corey, you're right. And I
00:59:19.400call it silver bullet thinking. There's no silver bullet thinking. There's no on and off black and
00:59:23.220white. Mitigation is exactly the right word to use. It's just a matter of picking the low-hanging1.00
00:59:28.340fruit and working at it, working at it. The reality is we're facing it. How are we going to manage it?
00:59:33.300The other thing we're doing, Corey, of great interest is that we have been aggregating, originating and aggregating and trading carbon credits since 2007.
00:59:46.120And what we're doing as well, we're providing a phenomenal platform for all these companies to ultimately introduce voluntary carbon credits into their regime.
00:59:57.100And a voluntary carbon credit is a carbon credit where the carbon and the CO2 is mitigated using a protocol that's accepted and certified.
01:00:05.280Then that carbon credit, we're tokenizing it on the blockchain.
01:00:09.120That carbon credit becomes a carbon token and then ultimately can be used to against taxation or can be sold.
01:00:16.700So I think the carbon credit economy is going to emerge with carbon credit trading as well.
01:00:22.360That's going to be of great value as well, Corey.
01:00:25.820Yeah, well, the whole blockchain token discussion, that's fodder for an entire other show in a complicated area.
01:00:31.760But I mean, it's interesting to see things turning into potentially assets anyways.
01:00:36.180I mean, it doesn't have to be a waste product.
01:00:37.700We can benefit from it because we're just tired of getting punished out here in the West, I think, when it comes to a lot of this.
01:00:43.160You know, Corey, we let some of this come upon us as well.
01:00:48.760You know, many, many years ago, the bottling industry put on tariffs on a recycled bottle.
01:00:54.920And many years ago, the tire industry had tariffs on a tire that was going to be recycled.
01:01:01.160We've let a little bit of this come on us a little as well.
01:01:04.160We could have been bringing some of this on ourselves a little bit and understanding that was in front of us.
01:01:08.860So it's the sooner we react and mitigate, your word mitigate, and as soon as we pick off the low-hanging fruit,
01:01:15.020the more the rest of Canada is also going to
01:01:17.540they're pointing to us people in Alberta
01:01:19.680and Saskatchewan a little bit and they're saying
01:01:21.340you guys are responsible for some of this